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that carlyle should be looked at. >> steve reed. >> chancellor aware because of his continuing inadequate level of funding to school building which today's statement is not correct, london councils across party body is estimating that by 2016, one in every 10 primary age children and son will not have a permanent school place? >> first of all, can i take this opportunity to welcome him to the house of commons. congratulate him on his victory. he rightly wants to speak on behalf of his constituents. what i would say is the pressure on london's schoolhouschoolhou ses, for some years is a huge issue when we came into office. we have provided additional capital spending for new school places. the money we announced over a billion pounds we announced today is also to deal with areas where there's high pressure. i will make sure that my runoff on education secretary -- [inaudible] >> julian smith. >> more money for the regional growth fund is great news for yorkshire. and the chancellor give details to the house of? >> there will be more money for the region growth fund. that has been help for securi
the wealthy folks at the tax breaks. it wasn't tied to inflation, now it's getting the middle class. steve and alexander, virginia commuter next. >> caller: i have had to be in the minority that thinks the amt is a good thing because it arbitrarily raises the taxes on folks and government programs have to be paid for. i'm really intrigued with mr. buckley's statement that there is going to be chaos if the amt is permitted to go forward or that it's not patched in 2012. what chaos is going to happen? people will have to pay more taxes and it's not as if everyone is sitting around their tax offer right now, anticipating what their taxes are going to be. it's basically individuals will be hit with a tax bill, which is going to be calculated and quite frankly more simplified form than the standard tax law. >> host: professor buckley. >> guest: when i say chaos, i am referring to two things. first, the irs has done all of its internal programming based on the assumption that there would be an amt patch enacted by the end of the year. that would be a fairly large undertaking by the irs to change
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